H.H. Sheikh Mohammed issues Dubai World decree

Friday, 20 May 2022 13:03

By ARN News Staff

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has issued a decree dissolving the "Tribunal to Decide the Disputes Related to the Settlement of the Financial Position of Dubai World and its Subsidiaries".

According to the decree, the tribunal will continue to review pending cases and claims up until December 13.

All cases and requests that have not been resolved before that date will be referred to specialised courts without any new fees being charged.

The Decree annuls any other legislation and is effective from the date of its publication in the Official Gazette.

#MohammedbinRashid issues Decree on Dubai World and its Subsidiaries#WamNews https://t.co/ps5ayoRXKV pic.twitter.com/esc1YNQRBO
— WAM English (@WAMNEWS_ENG) May 20, 2022

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News

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The National Centre of Meteorology (NCM) says the UAE will remain under the influence of a rainy weather system until Friday night, driven by a main weather front over the far western regions, where scattered heavy rainfall has already been recorded.
RTA announces bus service disruptions due to adverse weather conditions
Dubai’s Roads and Transport Authority (RTA) has announced on Friday that some bus routes may be temporarily disrupted due to current weather conditions.
UAE responds to missile, drone threats
The UAE's air defence systems have responded to missile and drone threats from Iran.

H.H. Sheikh Mohammed issues Dubai World decree

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H.H. Sheikh Mohammed issues Dubai World decree

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